What is one airmile worth?
A question that I get asked quite often is how much is 1 airmile worth? The answer to this question is not a simple one.
As we know the airmiles-to-dollar ratio is fairly simple and we try to collect airmiles at a rate of less then $0.40 if at all possible!
The actual value of an airmile is dependant on what you purchase. The way you calculate what an airmile is worth is by simply finding the item. Find the real value of the item and divide the airmiles by the real value. Then you'll get the number of airmiles for one dollar.
I made a post about buying gift certificates with airmiles. In this case the gift certificates produced an airmile worth anywhere between 6.25 to 9.25. Meaning 6.25 airmiles is equivalent to one dollar!
Like I've stated before the best value for your airmiles is buying flights to continental north america using your Gold Mosiak Credit Card.
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